Mr. Speaker, the Swiss bank UBS has been sentenced to pay hundreds of millions of dollars in fines for complicity in tax evasion in the United States. This bank is also active in Canada. Nearly $6 billion has escaped the grasp of the Department of National Revenue. Sound economic management is essential in times of crisis. Transparency must be the rule, and the rules must be followed.
Why do we have to learn about tax evasion practices in Canada through an American investigation? What will the minister do to remedy the situation?